coming out of washington, dc, at about ten minutes past the hour. we ll be monitoring that as well and we also know that republican leaders and republican leaders and republican lawmakers will be holding a call around 9:30pm eastern time, so it about 20 minutes, and there will be briefing republican lawmakers on the deal that has been agreed in principle. i believe we also have a tweet from the republican speaker of the house kevin mccarthy. he might be giving some more information on what could be an ideal, what we are expecting next, but again, this is something we have been tracking for many days and weeks and months in terms of what could be in this deal and whether or not lawmakers could come to an agreement about raising the debt limit here in the united states. of course we know that the deadline had been extended to june five, when know that the deadline had been extended tojune five, when the us treasury said that essentially the country would no longer be able to me
newsroom . with regard to the debt limit things are looking good and very optimistic. that might be how president biden feels about debt ceiling negotiations, but it s not clear everyone agrees, we ll look at the obstacles still ahead. and we have to be on top of the plane we re going to get on top of the plane. yeah, buckle up for what s expected to be a very busy holiday travel weekend, it s the unofficial start of summer, people, and the u.s., and millions here, are on the move. plus, cnn sports andy scholes joins me live to look at how new rules in major league baseball are putting action back in the game. . announcer: live from cnn center this is cnn newsroom with paula newton. we begin with a renewed sense of optimism on capitol hill this hour that a financial disaster could be averted. white house and republican negotiators have been hammering out the details of a plan to raise the nation s debt limit and we re told an agreement could be reached as
appreciate your company. coming up on i do cnn newsroom, close put no white smoke. that s how one republican describes negotiations on the u.s. debt ceiling. ukraine assessing the damage after one of russia s deadliest attacks in recent days targets a hospital. people flocking to a u.s. monastery where a nun s body appears to show no signs of decay nearly four years after she died . a flurry of activity on capitol hill as the white house and republicans race to finalize a deal to raise the u.s. borrowing limit, called the debt ceiling, and avert financial catastrophe. a person familiar with the negotiations tells cnn they re hoping to announce an agreement perhaps as soon as saturday. jeremy diamond is at the white house with more on where things stand. reporter: as the white house and republican lawmakers continue negotiating on friday over a potential deal to raise the debt ceiling and cap spending, president biden on friday sounding downright optimistic about th
ceiling drama. the white house and lawmakers rushing to reach a deal on the u.s. debt limit. but the clock is ticking. with just nine days before the government could run out of money to pay its bills. the final days of an american fighting in ukraine. cnn pieces together the details of a u.s. veteran s death in bakhmut, revealing a new perspective on the war s longest battle. plus, a plot to kill the queen? the fbi releases new documents detailing a potential assassination threat against queen elizabeth ii. announcer: live from cnn center, this is cnn newsroom. with laila harrak. welcome. the white house and republicans are closing in on a deal to raise the debt ceiling and avert a financial catastrophe. a live look for you there on capitol hill. and negotiators have been furiously working on capitol hill, and we re told an agreement could be reached as soon as today. any deal would then have to be passed by congress, which is far from a sure thing. they do have a li
programme. there will no be default. those were the words of president biden on thursday as he hailed what he called productive talks with his political rivals as the clock ticks on the country s finances. he is trying to avoid hitting the debt ceiling. the us government is set to hit its borrowing limit of $31.4 trillion next week, raising fears it could run out of money to pay its bills without a deal to increase the debt ceiling. from new york, michelle fleury reports. with just one week left until treasury officials say the us will run out of cash to pay its bills, the mood music from washington was upbeat that a deal can be done to avoid default. i want to be clear that the negotiations we re having with speaker mccarthy is about the outlines of what the budget will look like not about default. it s about competing visions for america. nothing will be resolved till we solve them all. we know where our differences lie. we worked well past midnight last night, we r